Homework Clinic
Social Science Clinic => Accounting => Topic started by: Zulu123 on Jan 5, 2020
Title:
Grayson Industries has collected the following data for one of its products:Direct materials ...
Post by:
Zulu123
on
Jan 5, 2020
Grayson Industries has collected the following data for one of its products:
Direct materials standard (4 kilograms per unit @ $0.50/kg.)
$2 per finished good
Direct materials flexible budget variance-unfavourable
$10,000
Actual direct materials purchased and used
40,000 kilograms
Actual finished goods produced
24,000 units
What is the total actual cost of the direct materials used at Grayson Industries?
◦ $38,000
◦ $48,000
◦ $20,000
◦ $58,000
Title:
Grayson Industries has collected the following data for one of its products:Direct materials ...
Post by:
nikmaaacs
on
Jan 5, 2020
$58,000
Title:
Re: Grayson Industries has collected the following data for one of its products:Direct materials ...
Post by:
Liksion
on
Jan 8, 2020
Thank you